AP - Shares of Adobe Systems Inc. plunged 21 prcent in pre-market trading Wednesday after the software maker gave a revenue outlook below expectations for the current fiscal quarter.
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Adobe shares plunge on concerns of weak product demand (Reuters)
Reuters - Shares of Adobe Systems Inc fell 21 percent in pre-market trade Wednesday, a day after the software maker forecast soft demand for its flagship software package, stirring analyst concerns about the lack of near-term catalysts to buoy the company's stock.
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Adobe 3Q net income soars, outlook disappoints (AP)
AP - Adobe Systems Inc. posted a 69 percent jump in quarterly net income Tuesday but its shares tumbled after the software company said its revenue in the current quarter would be less than what Wall Street expected.
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On the Call: Adobe CEO Shantanu Narayen (AP)
AP - Software maker Adobe Systems Inc. posted solid results for its fiscal third quarter Tuesday but its revenue forecast disappointed investors, who sent shares plunging after hours.
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Microsoft raises dividend 23 percent to 16 cents (AP)
AP - Microsoft Corp. said Tuesday it is raising its quarterly dividend for the first time in two years in a move that will return more of the software maker's nearly $37 billion cash hoard to its shareholders.
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BlackBerry tablet computer poised for debut: WSJ (AFP)
AFP - Research In Motion may debut a tablet computer next week at a conference for developers that tailor software for the Canadian firm's BlackBerry smartphones, according to the Wall Street Journal.Read More ...
Adobe revenue forecast misses analysts' estimates (Reuters)
Reuters - Adobe Systems Inc gave a lower-than-expect revenue forecast, citing weakness in Japan and the U.S. education markets, and the company's shares fell 15 percent after-hours.
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Satisfaction with computers at all-time high in US (AFP)
AFP - US computer buyers are happy as ever, with Apple machines yielding top satisfaction and Windows 7 operating system making amends for a loathed prior generation of the Microsoft software.Read More ...
Adobe's Revenue Soars to Record High (PC Magazine)
PC Magazine - Adobe Systems reported strong results for its third fiscal quarter, as company revenues soared by 42 percent to a record $990.3 million.
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Nokia Delays N8 Smartphone Launch (PC World)
PC World - Nokia has delayed shipment of the N8, the first mobile phone to run the latest version of Symbian software and a device meant to turn around the company's slump.
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Witch upgrade tames conflict with App Tamer (Macworld.com)
Macworld.com - Many Tricks and St. Clair Software have joined forces to fix an issue that arose when running the former’s Mac Gem Witch simultaneously with the latter’s recently released App Tamer.
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Visualize success with Thinking Space (Appolicious)
Appolicious - Visual thinkers unite! Most work-related software still favors verbal or text-based thinkers. So, it's nice to find phone software that works better for right brainers, especially if you are one. Thinking Space for Android allows you to brainstorm or take notes visually and then literally "connect the dots" by drawing a line between concepts.
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Apple Acquisition Could Give IPhone Face Recognition (PC World)
PC World - Apple could be preparing to enhance the iPhone's image search and video calling capabilities, or even add face authentication to the iPhone, say analysts and software usability experts.
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Microsoft to Bring Zune Software to a Larger World Audience (PC World)
PC World - Microsoft is rolling out its Zune desktop software that aims to compete with iTunes ahead of its expected launch of the Windows Phone 7 debut later this year.
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Microsoft Windows Small Business Server 7 Now in Preview (PC Magazine)
PC Magazine - Windows Small Business Server "7" beta is now downloadable for public preview.
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Survey Finds Low Use of Microsoft Encryption Technology (PC World)
PC World - Microsoft's full-disk encryption feature is not being widely used, even where it is part of the Windows operating system, according to a new survey released by security vendor Opswat.
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Premiere Elements arrives on the Mac (Macworld.com)
Macworld.com - Adobe has launched Adobe Premiere Elements 9 software for both Mac and Windows, the first time the company’s consumer-level video editing app has been released on the Mac platform.
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Oracle Nemesis Rimini Street Fires Another Salvo (PC World)
PC World - Oracle's ongoing lawsuit against Rimini Street has not deterred the latter company from announcing another addition to its lineup of lower-cost support options for Oracle's software.
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Oracle Ties Sun ZFS Storage Into Oracle Software (PC World)
PC World - Oracle has integrated its software into the Sun ZFS Storage Appliance line for a new generation of the systems that also doubles storage capacity and triples processing power, the company said on Monday at Oracle OpenWorld.
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Microsoft Pushes Zune Expansion Outside the US (PC World)
PC World - Microsoft plans to offer elements of its Zune music and movie services throughout Europe and other countries this fall in conjunction with the release of its Windows Phone 7 operating system.
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